For goldies, 2020 was a year when good news was rewarded, and great news celebrated.

The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August.

And there’s a strong chance 2021 will start off with a bang.

No one really knows why, but the gold price has increased every January for the last nine years running.

That’s good to know. But there are actually far better reasons to buy and hold gold than betting on whether the metal will make it 10 out of 10 in January 2021, says Bullionvault research director Adrian Ash.

“It won’t matter much if gold doesn’t rise in dollar terms next month (there’s no relation between gold’s January performance and the rest of the year, and not for silver either, nor platinum,” he says.

“With government deficits surging worldwide as central banks squash interest down to and below zero, the case for owning a little indestructible rarity could hardly be clearer.”

Merry Christmas and a Happy New Year.

$US gold price over the past 12 months.

Winners & Losers

Here’s how ASX-listed gold stocks performed December 21 – December 24 [intraday].

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:

CODE COMPANY PRICE % WEEKLY CHANGE % YEARLY CHANGE MARKET CAP
DTR Dateline Resources 0.003 50 0 $ 24,630,234.23
MDI Middle Island Resources 0.355 37 243 $ 44,250,303.79
MTH Mithril Resources 0.022 29 175 $ 43,828,578.07
TAR Taruga Minerals 0.05 25 355 $ 24,231,679.82
SI6 SI6 Metals 0.029 21 867 $ 35,639,933.19
ONX Orminex 0.027 17 -64 $ 14,555,758.54
KZR Kalamazoo Resources 0.59 16 119 $ 77,255,446.06
BYH Bryah Resources 0.075 14 79 $ 10,594,295.05
CST Castile Resources 0.295 13 0 $ 54,920,283.28
ALY Alchemy Resources 0.017 13 58 $ 11,428,138.70
ADV Ardiden 0.017 13 467 $ 36,262,052.03
S2R S2 Resources 0.135 13 35 $ 42,510,309.17
ADN Andromeda Metals 0.285 12 506 $ 624,291,069.83
GBR Great Boulder Resources 0.049 11 34 $ 8,462,689.65
GSM Golden State Mining 0.2 11 170 $ 11,327,240.00
HWK Hawkstone 0.01 11 67 $ 13,604,161.88
MEI Meteoric Resources 0.072 11 140 $ 91,916,407.73
RDN Raiden Resources 0.031 11 417 $ 27,287,781.79
CBY Canterbury Resources 0.105 11 -48 $ 9,241,574.48
NVA Nova Minerals 0.165 10 346 $ 275,541,196.76
PAK Pacific American 0.022 10 -17 $ 6,920,867.80
SAU Southern Gold 0.11 10 -45 $ 23,466,163.16
EMR Emerald Resources 0.73 10 97 $ 355,624,072.83
LCL Los Cerros 0.105 9 36 $ 46,852,952.20
BC8 Black Cat Syndicate 0.71 9 122 $ 77,236,366.90
RDS Redstone Resources 0.012 9 33 $ 6,271,560.19
RGL Riversgold 0.049 9 390 $ 18,600,139.13
ENR Encounter Resources 0.185 9 48 $ 58,379,285.06
DTM Dart Mining 0.0185 9 91 $ 18,489,913.06
BDC Bardoc Gold 0.08 11 14 $ 138,492,590.08
NML Navarre Minerals 0.195 8 86 $ 98,125,587.18
AAR Anglo Australian 0.0195 8 55 $ 76,571,089.92
STK Strickland Metals 0.043 8 115 $ 17,688,363.88
ARN Aldoro Resources 0.145 7 0 $ 9,293,312.42
CMM Capricorn Metals 1.78 7 49 $ 598,516,164.18
REZ Resources & Energy Grp 0.049 7 96 $ 21,152,358.66
KCN Kingsgate 0.85 6 102 $ 188,898,659.90
NES Nelson Resources 0.074 6 46 $ 8,036,149.94
KRM Kingsrose Mining 0.037 6 48 $ 25,550,257.32
CXU Cauldron Energy 0.037 6 106 $ 16,127,982.43
MCT Metalicity 0.019 6 448 $ 33,099,973.17
YRL Yandal Resources 0.4 5 81 $ 37,156,216.40
SKY SKY Metals 0.2 5 122 $ 49,329,965.60
HRZ Horizon 0.105 5 17 $ 56,797,520.00
LEX Lefroy Exploration 0.21 5 14 $ 21,601,740.06
GMN Gold Mountain 0.043 5 -45 $ 32,057,146.62
SVL Silver Mines 0.22 5 122 $ 228,422,550.84
BAR Barra Resources 0.023 5 5 $ 15,584,986.32
NWM Norwest Minerals 0.095 4 -42 $ 10,339,817.01
GSN Great Southern 0.072 4 3 $ 32,757,870.24
TAM Tanami Gold 0.077 4 108 $ 90,482,472.54
AWV Anova Metals 0.026 4 228 $ 37,260,449.20
ZNC Zenith Minerals 0.13 4 141 $ 38,266,803.90
BBX BBX Minerals 0.265 4 104 $ 111,659,823.34
AQX Alice Queen 0.028 4 8 $ 30,558,179.93
FFX Firefinch 0.145 4 107 $ 113,376,551.40
TNR Torian Resources 0.029 4 236 $ 20,827,522.09
TRY Troy Resources 0.088 4 -8 $ 65,864,547.82
EVN Evolution Mining 5.06 3 43 $ 8,662,942,120.95
AUT Auteco Minerals 0.1 3 900 $ 156,717,893.60
FML Focus Minerals 0.335 3 43 $ 62,134,512.10
SSR SSR Mining 25.34 3 0 $ 437,508,300.00
CY5 Cygnus Gold 0.18 3 374 $ 19,452,617.64
SAR Saracen 4.72 3 58 $ 5,228,046,252.96
BRB Breaker Resources 0.195 3 -33 $ 63,538,981.16
NST Northern Star 12.5 3 18 $ 9,276,846,405.96
EMU EMU 0.041 3 -13 $ 14,256,217.44
CEL Challenger Exploration 0.21 2 133 $ 116,009,707.59
CHZ Chesser Resources 0.225 2 204 $ 101,152,312.20
PRU Perseus Mining 1.25 2 26 $ 1,526,440,803.15
AGG AngloGold Ashanti 6 2 -1 $ 535,246,590.00
TMZ Thomson Resources 0.098 2 297 $ 30,553,864.52
RVR Red River Resources 0.26 2 79 $ 129,443,591.75
AXE Archer Materials 0.53 2 242 $ 121,573,734.84
OBM Ora Banda Mining 0.29 2 77 $ 244,244,367.53
MZZ Matador Mining 0.32 2 33 $ 52,767,815.29
SNG Siren Gold 0.74 1 0 $ 40,592,385.80
AL8 Alderan Resources 0.1 1 233 $ 29,794,109.20
RND Rand Mining 1.81 1 -19 $ 108,868,739.75
DEG De Grey Mining 1.01 1 2195 $ 1,310,375,437.53
CDV Cardinal Resources 1.09 0 268 $ 592,641,551.63
BNZ Benz Mining 1.29 0 0 $ 4,880,000.00
GNM Great Northern 0.012 0 20 $ 10,895,035.25
NPM Newpeak Metals 0.003 0 -14 $ 11,670,406.27
AAJ Aruma Resources 0.007 0 133 $ 11,125,897.33
SLZ Sultan Resources 0.22 0 273 $ 15,297,565.58
CLA Celsius Resources 0.043 0 291 $ 32,769,159.40
MVL Marvel Gold 0.052 0 -44 $ 25,940,846.96
AUC Ausgold 0.044 0 267 $ 57,215,379.80
RED Red 5 0.255 0 -9 $ 502,581,631.04
CWX Carawine Resources 0.235 0 12 $ 25,589,126.97
NSM North Stawell 0.47 0 0 $ 18,800,000.00
AGS Alliance Resources 0.165 0 69 $ 29,419,513.20
ANL Amani Gold 0.0015 0 -25 $ 9,386,996.75
AAU Antilles Gold 0.057 0 84 $ 10,537,649.05
AMG Ausmex Mining 0.046 0 -33 $ 25,188,142.26
AYM Australia United Mining 0.008 0 100 $ 16,583,197.37
AVW Avira Resources 0.007 0 250 $ 9,625,280.00
BAT Battery Minerals 0.02 0 233 $ 40,825,470.82
BNR Bulletin Resources 0.083 0 232 $ 14,881,325.14
CDT Castle Minerals 0.009 0 0 $ 6,592,507.36
CTO Citigold Corp 0.013 0 225 $ 32,648,078.51
ERM Emmerson Resources 0.076 0 -37 $ 36,696,894.42
FAU First Au 0.018 0 100 $ 9,147,438.81
GUL Gullewa 0.11 0 293 $ 20,061,041.00
HRN Horizon Gold 0.49 0 148 $ 43,021,386.03
KAU Kaiser Reef 0.41 0 0 $ 10,957,250.41
KGM Kalnorth Gold 0.013 0 225 $ 11,625,120.78
LNY Laneway Resources 0.007 0 17 $ 26,425,461.53
MSR Manas Resources 0.006 0 200 $ 19,321,915.19
MLS Metals Australia 0.0015 0 0 $ 6,286,355.36
MTC Metalstech 0.205 0 469 $ 30,779,203.98
MRZ Mont Royal Resources 0.3 0 13 $ 9,907,329.00
NAG Nagambie Resources 0.04 0 0 $ 19,997,293.84
NXM Nexus Minerals 0.13 0 189 $ 31,739,717.23
SBR Sabre Resources 0.009 0 350 $ 15,147,572.84
SFM Santa Fe Minerals 0.094 0 34 $ 6,844,966.17
TRM Truscott Mining 0.018 0 125 $ 2,302,947.79
TSC Twenty Seven Co. 0.006 0 20 $ 11,658,098.17
XTC Xantippe Resources 0.002 0 0 $ 8,149,128.80
DCN Dacian Gold 0.37 0 -56 $ 208,690,707.75
GML Gateway Mining 0.029 0 93 $ 55,280,990.04
GMR Golden Rim Resources 0.01 0 0 $ 17,913,418.71
DCX Discovex Resources 0.007 0 0 $ 9,569,312.61
GOR Gold Road Resources 1.27 0 14 $ 1,095,506,311.26
E2M E2 Metals 0.61 0 238 $ 89,795,043.60
STN Saturn Metals 0.64 -1 110 $ 69,417,286.40
DGO DGO Gold 2.88 -1 227 $ 211,827,594.24
ARL Ardea Resources 0.425 -1 -22 $ 54,259,997.35
RRL Regis Resources 3.71 -1 -9 $ 1,899,620,463.09
MGV Musgrave Minerals 0.365 -1 310 $ 187,933,222.80
PDI Predictive Discovery 0.057 -2 726 $ 57,970,247.27
WWI West Wits Mining 0.055 -2 686 $ 66,888,504.10
TSO Tesoro Resources 0.265 -2 552 $ 129,429,419.56
MML Medusa Mining 0.76 -2 11 $ 156,884,697.26
RXL Rox Resources 0.05 -2 163 $ 104,541,251.61
BRV Big River Gold 0.05 -2 163 $ 75,392,896.35
GRL Godolphin Resources 0.24 -2 17 $ 20,367,579.56
TLM Talisman Mining 0.095 -2 4 $ 17,729,696.58
MAU Magnetic Resources 1.18 -2 135 $ 254,001,367.98
WGX Westgold Resources 2.57 -2 29 $ 1,089,308,043.90
PRX Prodigy Gold 0.045 -2 -33 $ 27,870,125.09
NCM Newcrest Mining 26.34 -2 -8 $ 21,369,284,494.78
MEU Marmota 0.044 -2 83 $ 42,615,482.36
VMC Venus Metals 0.205 -2 17 $ 30,971,130.02
WAF West African Resources 0.975 -3 150 $ 861,108,993.08
CHN Chalice Mining 3.64 -3 1593 $ 1,199,275,721.85
BCN Beacon Minerals 0.036 -3 0 $ 103,210,674.34
HMX Hammer Metals 0.035 -3 52 $ 25,387,608.58
ALK Alkane Resources 0.945 -3 72 $ 559,665,472.00
FFR Firefly Resources 0.155 -3 255 $ 46,467,377.46
AME Alto Metals 0.088 -3 144 $ 36,935,291.36
AOP Apollo Consolidated 0.29 -3 23 $ 78,037,721.10
HXG Hexagon Energy 0.058 -3 -17 $ 17,253,570.42
RSG Resolute Mining 0.77 -3 -30 $ 844,477,920.09
NUS Nusantara Resources 0.275 -4 -18 $ 63,050,076.93
GBZ GBM Rsources 0.125 -4 274 $ 48,318,061.68
PKO Peako Limited 0.025 -4 12 $ 4,417,246.07
G88 Golden Mile Resources 0.048 -4 26 $ 5,904,879.74
TTM Titan Minerals 0.12 -4 -36 $ 128,245,345.57
SLR Silver Lake Resources 1.78 -4 53 $ 1,551,572,554.40
ANX Anax Metals 0.045 -4 350 $ 12,329,082.74
RMS Ramelius Resources 1.62 -4 56 $ 1,294,427,625.60
DRE Dreadnought Resources 0.021 -5 200 $ 45,236,948.82
GTR Gti Resources 0.021 -5 163 $ 13,534,877.96
OAU Ora Gold 0.021 -5 5 $ 18,498,594.88
AMI Aurelia Metals 0.41 -5 8 $ 506,073,875.25
PUR Pursuit Minerals 0.02 -5 258 $ 13,975,898.84
CAI Calidus Resources 0.49 -5 118 $ 159,448,748.13
WMX Wiluna Mining 1.44 -5 31 $ 167,664,256.76
SBM St Barbara 2.35 -5 -7 $ 1,650,537,986.76
DAU Dampier Gold 0.05 -6 233 $ 17,102,113.25
KWR Kingwest Resources 0.155 -6 -6 $ 23,822,547.99
SMI Santana Minerals 0.155 -6 -26 $ 18,245,221.76
THR Thor Mining 0.015 -6 88 $ 5,618,135.60
TIE Tietto Minerals 0.365 -6 38 $ 165,093,316.44
MKG Mako Gold 0.098 -7 40 $ 25,209,677.00
OKR Okapi Resources 0.195 -7 44 $ 7,028,358.87
RML Resolution Minerals 0.039 -7 -20 $ 10,899,425.86
VAN Vango Mining 0.061 -8 -59 $ 62,888,246.46
M2R Miramar 0.295 -8 0 $ 12,457,118.40
TBR Tribune Resources 5.53 -8 -7 $ 289,623,785.04
KAI Kairos Minerals 0.034 -8 264 $ 55,295,635.46
GWR GWR Group 0.28 -8 215 $ 80,605,929.80
GED Golden Deeps 0.011 -8 -54 $ 8,520,746.80
PNR Pantoro Limited 0.21 -9 40 $ 295,763,627.88
MAT Matsa Resources 0.105 -9 -16 $ 29,826,137.99
AQI Alicanto Minerals 0.105 -9 139 $ 35,960,920.71
KSN Kingston Resources 0.25 -9 43 $ 70,409,717.25
OKU Oklo Resources 0.2 -9 38 $ 103,326,111.46
VRC Volt Resources 0.01 -9 -9 $ 19,465,452.91
VKA Viking Mines 0.028 -10 169 $ 12,100,366.87
PUA Peak Minerals 0.027 -10 113 $ 14,240,210.30
MEG Megado 0.18 -10 0 $ 7,204,022.82
DDD 3D Resources 0.0045 -10 350 $ 16,269,174.41
CAZ Cazaly Resources 0.044 -10 100 $ 15,870,503.75
MHC Manhattan Corp 0.026 -10 420 $ 34,483,246.02
MOH Moho Resources 0.085 -11 81 $ 8,431,485.21
KTA Krakatoa Resources 0.064 -11 49 $ 17,852,800.00
HAW Hawthorn Resources 0.12 -11 108 $ 40,021,873.56
SVY Stavely Minerals 0.755 -11 -10 $ 187,892,245.44
CYL Catalyst Metals 2.2 -11 -18 $ 200,993,272.18
ARV Artemis Resources 0.115 -12 400 $ 125,044,074.87
A1G African Gold 0.19 -12 19 $ 7,669,699.22
MKR Manuka Resources 0.35 -13 0 $ 30,512,586.06
PRS Prospech 0.19 -14 0 $ 12,353,911.91
BGL Bellevue Gold 1.16 -14 130 $ 987,389,068.68
SIH Sihayo Gold 0.017 -15 35 $ 62,652,844.02
RMX Red Mountain Mining 0.011 -15 120 $ 12,444,547.38
PNM Pacific Nickel Mines 0.049 -16 -51 $ 7,338,954.81
CGN Crater Gold Mines 0.015 -17 25 $ 18,412,438.01
NAE New Age Exploration 0.01 -17 150 $ 13,057,334.51
SRN Surefire Resources 0.024 -20 860 $ 24,225,269.85
AZS Azure Minerals 0.57 -21 356 $ 160,389,476.27
WCN White Cliff Minerals 0.024 -23 300 $ 12,928,371.23
TMX Terrain Minerals 0.01 -23 150 $ 7,357,610.09
LCY Legacy Iron Ore 0.034 -31 1600 $ 237,395,063.65
SPQ Superior Resources 0.011 -31 135 $ 13,099,944.90
GIB Gibb River Diamonds 0.082 -54 67 $ 17,766,793.38

 

Small cap highlights

Middle Island Resources (ASX: MDI) (+37%) has picked up rocks containing high grade copper at its 3,253sqkm Barkly copper-gold “super-project” in the Northern Territory.

‘Super project’ is hyperbole, as is calling this a “breakthrough maiden copper discovery”.  The company probably needs to punch in some actual drill holes before investors get too excited.

These rocks on the surface at the Crosswinds prospect graded up to 76.2 per cent copper, with mineralisation exposed over an interval of 130m, the company says.

Mithril Resources (ASX:MTH) (+29%) has projects in Mexico’s Copalquin gold-silver district.

This week, it announced high grade results like 2.22m at 34.6 g/t AuEq (32.35 g/t gold and 184.8 g/t silver) from 91.55m in first drill holes into the ‘Los Reyes’ target.

“It is very pleasing to have achieved the high-grade intercepts with the first scout holes at the Los Reyes target confirming the existence of high-grade gold-silver domains within this extensive, near-surface structure that runs 1.5km from El Cometa to Los Reyes, further building the potential for a bulk tonnage resource in this part of the district,” Mithril boss John Skeet says.

SI6 Metals (ASX:SI6) (+21%) has been trading on massive volumes over the past month or so.

This week it told investors that it had 9km of anomalous gold mineralisation on surface at the Monument project in WA.

By itself this may not mean much – surface gold can travel quite a distance — but taken with other early stage exploration methods can help explorers dial in on the original source.